Vanguard Amends Roper Technologies Stake, Maintains Passive Position

TL;DR

**Vanguard still owns Roper stock, just a routine update, nothing to see here.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating its ownership of Roper Technologies Inc. common stock as of December 29, 2023. This filing is an update to their previous disclosures, showing their continued significant, but passive, stake in the company. This matters to investors because Vanguard is a large institutional holder, and their continued presence suggests a long-term, stable investment in Roper Technologies.

Why It Matters

This filing confirms Vanguard's ongoing substantial, yet passive, investment in Roper Technologies, signaling institutional confidence without intent to influence company management. It's a routine update for a major institutional investor.

Risk Assessment

Risk Level: low — This is a routine amendment from a large institutional investor, indicating no significant change in investment strategy or company control.

Analyst Insight

Investors should note that this is a routine disclosure from a major institutional investor, confirming their passive stake in Roper Technologies. It doesn't signal any immediate need for action but reinforces the company's institutional backing.

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Roper Technologies Inc (company) — subject company whose securities are being reported
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

FAQ

From the Filing

0001104659-24-021861.txt : 20240213 0001104659-24-021861.hdr.sgml : 20240213 20240213171353 ACCESSION NUMBER: 0001104659-24-021861 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROPER TECHNOLOGIES INC CENTRAL INDEX KEY: 0000882835 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 510263969 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43740 FILM NUMBER: 24629425 BUSINESS ADDRESS: STREET 1: 6496 UNIVERSITY PARKWAY CITY: SARASOTA STATE: FL ZIP: 34240 BUSINESS PHONE: 9415562601 MAIL ADDRESS: STREET 1: 6496 UNIVERSITY PARKWAY CITY: SARASOTA STATE: FL ZIP: 34240 FORMER COMPANY: FORMER CONFORMED NAME: ROPER INDUSTRIES INC DATE OF NAME CHANGE: 20080527 FORMER COMPANY: FORMER CONFORMED NAME: ROPER INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01844-ropertechnologiesinc.htm SCHEDULE 13G/A ropertechnologiesinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 14)* Name of issuer:  Roper Technologies Inc Title of Class of Securities:  Common Stock CUSIP Number:  776696106 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  776696106 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 131,576 7.  SOLE DISPOSITIVE POWER 9,511,976 8.  SHARED DISPOSITIVE POWER 434,636 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,946,612 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.31% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Roper Technologies Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 6901 Professional Parkway, Suite 200 Sarasota, FL 34240 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) &#82